1541 Labuan RoadMarungi VIC 3634
Property Details for 1541 Labuan Rd, Marungi
Last Listing description (September 2024)
Size: 38.8 hectares (approx. 96 acres)
Laid out : Lasered for optimal water management
Water License: 192-meg drainage license
Soil Quality: Good quality soil types for cropping
Access: Sealed road frontage
Fencing: New boundary fence started, to be completed prior to settlement
Location: Just 20 minutes from Shepparton
Contact Darren Scott or Simon Quarrell for more information
Property History for 1541 Labuan Rd, Marungi, VIC 3634
- 23 Sep 2024Listed for Sale Not Disclosed
- 24 Jul 2023Listed for Sale SOLD
- 10 Jul 2023Sold for $400,000
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About Marungi 3634
The size of Marungi is approximately 28.2 square kilometres. The population of Marungi in 2011 was 534 people. By 2016 the population was 91 showing a population decline of 83.0% in the area during that time. The predominant age group in Marungi is 50-59 years. Households in Marungi are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marungi work in a managers occupation. In 2011, 84.7% of the homes in Marungi were owner-occupied compared with 77.3% in 2016..
Marungi has 81 properties. Over the last 5 years, Houses in Marungi have seen a 34.34% increase in median value, while Units have seen a 320.22% increase. As at 31 October 2024:
- The median value for Houses in Marungi is $404,524 while the median value for Units is $708,639.
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